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BusinessToday.In
February 27, 2021
United India Insurance Company Ltd (UIICL), one of the promoters of Axis Bank, had requested the bank through a letter dated February 26, 2021 to reclassify the insurer to public category from promoter category


PTI
February 27, 2021
The Indian-origin finance minister is expected to set aside GBP 22 billion for a new infrastructure bank when he tables his Budget in Parliament next Wednesday


Shailendra Shukla
New Delhi, February 27, 2021
India steps out of recession - GDP grows 0.4% in Dec quarter Indian economy reported growth in the December quarter after two quarters of contraction. The nation's Gross Domestic Product (GDP) saw revival, albeit marginally, as economic activities resumed after a long and arduous lockdown and overall sentiment improved with the rollout of vaccination drive. As per government data, India's GDP increased 0.4 per cent during the third quarter ended December 31, 2020. Amazon Pay, Uber expand ...


Prasanna Mohanty
February 27, 2021
The Bombay Plan, authored by the doyens of industry in 1944 first envisioned state planning, state ownership and control of industries to make India \"self-sufficient\" long before Nehru's ideas took root


BusinessToday.In
February 26, 2021
Hitachi's innovative and globally recognised OT x IT solutions, data analytics, IoT-enabled interactive devices, Artificial Intelligence (AI) and robotics are transforming the lives of people in India.


Ashutosh Kumar
February 26, 2021
A total of 300 MoUs involving an investment of Rs 10,000 crore and job opportunities for about 55,000 aspirants have been envisaged to be approved in the summit


PTI
February 26, 2021
He said that although the government's endeavour is to promote the private sector, public sector presence in banking and insurance is also required


BusinessToday.In
February 26, 2021
People in that age group, suffering from one or more co-morbidities like heart disorders, chronic pulmonary and kidney diseases, cancer, transplant patients, uncontrolled diabetes, those on immune medications and morbid obesity conditions are eligible for the shots


BusinessToday.In
February 26, 2021
India had recorded a de-growth of 24 per cent and 7.5 per cent in GDP in the first and second quarters ended June and September 2020, respectively, as the government enforced one of the strictest lockdowns across the country amid coronavirus


PTI
February 26, 2021
While acknowledging the upside of privatisation, the industry called for an effective implementation of road map towards privatisation and asset monetisation, cautioning that regulatory and legal hurdles should not derail the process


PTI
February 25, 2021
In January, the tribunal had issued a notice to the Directorate General of Civil Aviation (DGCA) and the Ministry of Civil Aviation (MoCA) to clear their stance on Jet's slots


Rai Vinaykumar
February 25, 2021
Accepting that the government has missed its disinvestment target over the last few years, Sitharaman said pandemic affected its plans in FY20, while a slowing economy and lack of appetite hit in FY19.


Rashi Bisaria
New Delhi, February 25, 2021
Johnson & Johnson's single-dose COVID-19 vaccine effective, safe: FDA Drug maker Johnson & Johnson's single-shot COVID-19 vaccine is safe and effective as per the data submitted from its ongoing multi-national Phase 3 randomised, double-blind and placebo-controlled trials. This is what a  briefing document published by the US Food and Drug Administration (FDA) has said. Johnson & Johnson had sought emergency use authorisation for its vaccine on February 4. FDA's advisory co...


BusinessToday.In
February 25, 2021
Stock Market News Updates Today: Sectorally, all the other indices were trading with decent gains. Metal index was up 2.5%, while private, PSU Bank and financial indices rose 1.5% to 2% today


Associated Press
February 25, 2021
The Parliament on Thursday passed amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday


PTI
February 24, 2021
Prime Minister Narendra Modi said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has \"no business to be in business\"


BusinessToday.In
February 24, 2021
The government will monetise about 100 assets in sectors like oil, ports, airports, power, among others, and it is expected that this will create investments of about Rs 2.5 lakh crore, Modi said.


BusinessToday.In
February 24, 2021
Uday Kotak believes that lifting the embargo will enable the banking sector to serve customers better. He added that public and private banks must work together for sustainable development in the country


BusinessToday.In
February 24, 2021
While DIPAM targets to complete the stake sale by June, the government may have to relax the time period for bidders to complete due diligence.


BusinessToday.In
February 24, 2021
With the lifting of the said embargo, private sector banks can now carry out government-related banking transactions such as taxes and other revenue payment facilities, the Department of Financial Services stated in a press release


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